Vanguard Growth ETF $VUG Position Raised by United Community Bank

United Community Bank grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 611.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,958 shares of the company’s stock after purchasing an additional 61,840 shares during the quarter. Vanguard Growth ETF makes up 2.0% of United Community Bank’s investment portfolio, making the stock its 10th largest position. United Community Bank’s holdings in Vanguard Growth ETF were worth $6,198,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Integrated Capital Management LLC increased its holdings in Vanguard Growth ETF by 1.9% in the first quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after buying an additional 21 shares during the last quarter. Waterloo Capital L.P. lifted its holdings in Vanguard Growth ETF by 2.7% during the 4th quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock worth $402,000 after buying an additional 22 shares during the last quarter. Kaufman Rossin Wealth LLC boosted its position in shares of Vanguard Growth ETF by 3.6% during the 1st quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock worth $276,000 after acquiring an additional 22 shares in the last quarter. Vermillion Wealth Management Inc. boosted its position in shares of Vanguard Growth ETF by 3.1% during the 1st quarter. Vermillion Wealth Management Inc. now owns 765 shares of the company’s stock worth $334,000 after acquiring an additional 23 shares in the last quarter. Finally, Resolute Wealth Strategies LLC increased its holdings in shares of Vanguard Growth ETF by 2.7% in the 4th quarter. Resolute Wealth Strategies LLC now owns 921 shares of the company’s stock valued at $449,000 after acquiring an additional 24 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $88.88 on Friday. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The firm has a market capitalization of $229.92 billion, a PE ratio of 36.22 and a beta of 1.22. The stock’s 50-day simple moving average is $86.77 and its 200-day simple moving average is $83.12.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.